Emergency Funds: Yes
Debt: None. Own car/house
Tax Filing Status: Single, no children
Tax Rate: 24% Federal, 9% State
State of Residence: CA
Age: 57 yrs
Desired Asset Allocation: 60% stocks / 40% bonds
Desired International allocation: 0%
Approx. Portfolio: 1.1 M
Annual Income: $90,000
CalPERS Pension at 60 yrs: $1,200
Current retirement assets:
Taxable (Fidelity)
8.4 % Tbill / Money Market to be invested
6.5% Vanguard 500 ETF (VOO)
0.05% The Boeing Company (BA)
Taxable (Vanguard)
.14% Federal Money Market (VMFXX) to be invested
Roth IRA (Vanguard)
15.5% Federal Money Market (VMFXX)
9.6% Vanguard 500 ETF (VOO)
2.7% Total Stock Market (VTI)
Rollover IRA (Vanguard)
21.6% Federal Money Market (VMFXX)
13.6% Total Stock Market (VTI)
Rollover IRA (Fidelity)
2.8% Zero Total Market Index (FZROX)
401 K (Savings Plus)
17% Short Term Investment Fund-Cash (0.18)
Treasury Direct
2.8% iBond
____________________________________________________________
2024 Contributions
$30,000 401k (No employer match - Could do more here and less in taxable)
$8000 Vanguard Roth IRA (completed for 2024)
$20,000 taxable (Fidelity/Vanguard) (for retirement)
Funds available in 401(k) - Savingsplus (SP)
*Too many to list. Only included bonds, Index, Targeted Date Fund
Bond Index Fund (0.03)
Bond Fund (0.08)
Large Cap Index (0.01)
Med Cap Index (0.03)
Sm Cap Index (0.02)
Targeted Date Funds 2030 - 2045 (0.15 - 0.18)
Comments / Questions:
I finished reading Your Money and Your Brain by Jason Zweig (twice) and Retirement Planning Guidebook by Wade Pfau recently and am reaching out for assistance. During 2008, with retirement far off, I continued to invest. In 2020, I panicked and since then have struggled to right the ship. In the last two months, I have moved $150,000 back into VOO/VTI in my Roth, IRA, and brokerage accounts.
I would greatly appreciate any tweaks, especially ideas for my bond allocation in IRA/401K.
Vanguard: BND, BSV, VSIGX, VFISX, VGSH, ladder, other
SP: 100% Bond Index Fund
Next steps after portfolio allocation set up: Reread Chapter 3, Chapter 4, Chapter 10 in the Retirement Planning Guidebook. Great resource suggested on this forum! Again, thanks to all that help those of us who aren't as financially savvy.
Debt: None. Own car/house
Tax Filing Status: Single, no children
Tax Rate: 24% Federal, 9% State
State of Residence: CA
Age: 57 yrs
Desired Asset Allocation: 60% stocks / 40% bonds
Desired International allocation: 0%
Approx. Portfolio: 1.1 M
Annual Income: $90,000
CalPERS Pension at 60 yrs: $1,200
Current retirement assets:
Taxable (Fidelity)
8.4 % Tbill / Money Market to be invested
6.5% Vanguard 500 ETF (VOO)
0.05% The Boeing Company (BA)
Taxable (Vanguard)
.14% Federal Money Market (VMFXX) to be invested
Roth IRA (Vanguard)
15.5% Federal Money Market (VMFXX)
9.6% Vanguard 500 ETF (VOO)
2.7% Total Stock Market (VTI)
Rollover IRA (Vanguard)
21.6% Federal Money Market (VMFXX)
13.6% Total Stock Market (VTI)
Rollover IRA (Fidelity)
2.8% Zero Total Market Index (FZROX)
401 K (Savings Plus)
17% Short Term Investment Fund-Cash (0.18)
Treasury Direct
2.8% iBond
____________________________________________________________
2024 Contributions
$30,000 401k (No employer match - Could do more here and less in taxable)
$8000 Vanguard Roth IRA (completed for 2024)
$20,000 taxable (Fidelity/Vanguard) (for retirement)
Funds available in 401(k) - Savingsplus (SP)
*Too many to list. Only included bonds, Index, Targeted Date Fund
Bond Index Fund (0.03)
Bond Fund (0.08)
Large Cap Index (0.01)
Med Cap Index (0.03)
Sm Cap Index (0.02)
Targeted Date Funds 2030 - 2045 (0.15 - 0.18)
Comments / Questions:
I finished reading Your Money and Your Brain by Jason Zweig (twice) and Retirement Planning Guidebook by Wade Pfau recently and am reaching out for assistance. During 2008, with retirement far off, I continued to invest. In 2020, I panicked and since then have struggled to right the ship. In the last two months, I have moved $150,000 back into VOO/VTI in my Roth, IRA, and brokerage accounts.
I would greatly appreciate any tweaks, especially ideas for my bond allocation in IRA/401K.
Vanguard: BND, BSV, VSIGX, VFISX, VGSH, ladder, other
SP: 100% Bond Index Fund
Next steps after portfolio allocation set up: Reread Chapter 3, Chapter 4, Chapter 10 in the Retirement Planning Guidebook. Great resource suggested on this forum! Again, thanks to all that help those of us who aren't as financially savvy.
Statistics: Posted by Italy2010 — Fri Jul 05, 2024 5:56 pm — Replies 3 — Views 745